House
Feb 11, 2003

Marriage IRA Fairness Act of 2003

Summary

Official

Marriage IRA Fairness Act of 2003 - Amends Internal Revenue Code provisions concerning retirement savings to: (1) increase, with respect to the limitation on the deduction for active participants in certain pension plans, the phaseout threshold to $50,000 (twice such amount on a joint return) and provide an annual cost-of-living adjustment; (2) increase the applicable dollar amount for a Roth IRA to $95,000 (twice such amount on a joint return); and (3) eliminate the marriage penalty on the IRA deduction for active pension plan participants.

How would you vote on this bill?

Bill Progress

Bill has been introduced and assigned a number

Introduced(2/11/03)
Committee
Passed House
Passed Senate
President
Law

Sponsor

EG

Mr. GALLEGLY

(R) CA – 24

Topics

Latest Action

Referred to the House Committee on Ways and Means.

Feb 11, 2003

View Bill on Congress.gov